{"slug": "keel-secures-city-approval-for-96-mw-ai-campus-in-sherbrooke-consolidating-three", "title": "KEEL secures city approval for 96 MW AI campus in Sherbrooke, consolidating three former Bitcoin mining sites", "summary": "Keel Infrastructure, formerly Bitfarms, received city approval to consolidate three former Bitcoin mining sites in Sherbrooke, Québec, into a 96 MW AI and high-performance computing campus. The $1.8 billion project, part of a broader 2.2 GW pipeline, is expected to be lease-ready by 2027, marking a strategic pivot from crypto mining to AI infrastructure.", "body_md": "# KEEL secures city approval for 96 MW AI campus in Sherbrooke, consolidating three former Bitcoin mining sites\n\nThe former Bitfarms entity continues its pivot from crypto mining to high-performance computing with a $1.8 billion data center initiative in Québec\n\nKeel Infrastructure, the company formerly known as Bitfarms, just got the green light from the City of Sherbrooke to merge three Bitcoin mining facilities into a single 96 MW campus built for AI and high-performance computing.\n\nThe approval, granted on July 13, 2026, covers a land sale valued at roughly $2.2 million CAD and sets the stage for what could become one of Québec’s largest data center developments. The campus is expected to be lease-ready by 2027.\n\n## From Bitcoin blocks to AI workloads\n\nThe three facilities being consolidated are The Bunker at 48 MW, Leger at 30 MW, and Garlock at 18 MW. Combined, they deliver the 96 MW total that will power the new campus. The development will cover approximately 16,400 square meters.\n\nThe land purchase agreement is expected to close in Q1 2027, contingent on further regulatory reviews.\n\nKEEL rebranded from Bitfarms effective April 1, 2026, shifting its strategic focus toward data center development while keeping its legacy Bitcoin mining operations running. The company had previously established a power agreement with Hydro-Sherbrooke back in 2018, allowing for the development of the three sites originally used for cryptocurrency mining.\n\n## The bigger picture: a $1.8 billion bet\n\nThe Sherbrooke campus is part of KEEL’s broader $1.8 billion initiative to build out data center infrastructure across North America. The company claims a 2.2 GW pipeline, which, if fully developed, would place it among the continent’s more ambitious HPC infrastructure players.\n\nKEEL trades on both Nasdaq and the TSX under the ticker KEEL, giving it access to both US and Canadian capital markets.\n\n**Disclosure:** This article was edited by Editorial Team. For more information on how we create and review content, see our\n\n[Editorial Policy](https://cryptobriefing.com/editorial-policy/).", "url": "https://wpnews.pro/news/keel-secures-city-approval-for-96-mw-ai-campus-in-sherbrooke-consolidating-three", "canonical_source": "https://cryptobriefing.com/keel-96mw-ai-campus-sherbrooke-approval/", "published_at": "2026-07-15 12:36:40+00:00", "updated_at": "2026-07-15 12:37:31.766661+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-startups"], "entities": ["Keel Infrastructure", "Bitfarms", "City of Sherbrooke", "Hydro-Sherbrooke", "Nasdaq", "TSX"], "alternates": {"html": "https://wpnews.pro/news/keel-secures-city-approval-for-96-mw-ai-campus-in-sherbrooke-consolidating-three", "markdown": "https://wpnews.pro/news/keel-secures-city-approval-for-96-mw-ai-campus-in-sherbrooke-consolidating-three.md", "text": "https://wpnews.pro/news/keel-secures-city-approval-for-96-mw-ai-campus-in-sherbrooke-consolidating-three.txt", "jsonld": "https://wpnews.pro/news/keel-secures-city-approval-for-96-mw-ai-campus-in-sherbrooke-consolidating-three.jsonld"}}